This publication contains an analysis of the pertinent differences between the repealed and the new Ordinance. We recommend that while considering the application of various sections to any particular case, reference should be made to the specific wordings of the relevant statute.

Expectations of Risk Management Outpacing Capabil...

Risk management is at the top of the global executive agenda as companies face an array of threats that grow more complex by the day. The risks are vast and ever-present, and those companies that fail to manage them well imperil their future.

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These challenges are growing faster than most organizations' abilities to respond

Today's complex environment requires an even stronger capability to master and optimize risk management. This is the main finding of a large-scale study of risk conducted by KPMG International, based on a global survey of 1,092 C-level respondents that was deployed by the Economist Intelligence Unit in December 2012. The aim was to find out about executives' perceptions of the risks facing their companies and their sense of how, and how well, their companies and industries are tackling them.